Examples of Full Payment in a sentence
All such rights and remedies shall continue in full force and effect until Full Payment of all Obligations.
For purposes of determining whether to make a Full Payment or a Reduced Payment, the Company shall cause to be taken into account all applicable federal, state, local and foreign income and employment taxes and the Excise Tax (all computed at the highest applicable marginal rate, net of the maximum reduction in federal income taxes which could be obtained from a deduction of such state and local taxes).
Interest due on a release shall be deducted from the Penalty for Late Payment ▪ Past Due Interest = Net Amortization x No. of Days Past Due x Interest Rate / 360 ▪ Penalty Charges = Gross Amortization x No. of Days Past Due x 0.36 / 360 Other Bank Fees ▪ 3% of the Outstanding Principal and ▪ P 3,500.00 Full Payment Processing Fee Release of Proceeds [ ] MANAGER’S CHECK PAYABLE TO [ ] CREDIT TO ACCOUNT IN THE NAME OF RCBC CA/ SA/ NO.
If a Reduced Payment is made, (x) Executive shall have no rights to any additional payments and/or benefits constituting the forfeited portion of the Full Payment, and (y) reduction in payments and/or benefits will occur in the manner that results in the greatest economic benefit for Executive.
Lenders authorize Collateral Agent to release any Lien on any Collateral (a) upon Full Payment of the Obligations; (b) that is the subject of a disposition or Lien that Borrower certifies in writing is a Permitted Disposition or a Permitted Lien entitled to priority over Agent’s Liens (and Agent may rely conclusively on such certificate without further inquiry); (c) that does not constitute a material part of the Collateral; or (d) subject to Section 14.1, with the consent of Required Lenders.